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Crush Margins for Domestic and Imported Rapeseed in China--8/25/2020

2020-08-25 www.cofeed.com
Crush Margins for Domestic Rapeseed (at average cost of in-mill stocks)
Region Income (CNY/tonne) Expenditure  (CNY/tonne) Margin
Rapeseed Oil Rapeseed Meal Total Rapeseed Crush Cost Total
Sichuan 10100 2250 4874 5340 250 5590 -716
Jiangsu 9700 2330 4733 5000 240 5240 -507
Anhui 9000 2270 4422 5060 200 5260 -838
Hubei 9000 2300 4430 5240 210 5450 -1021
Average 9450 2288 4716 5160 225 5385 -669

 

Theoretical Crush Margins for Imported Rapeseed (at intraday duty-paid price)
Region Income  (CNY/tonne) Expenditure (CNY/tonne) Margin
Rapeseed Oil Rapeseed Meal Total Rapeseed Crush Cost Total
Guangxi 9130 2240 5067 3758 170 3928 1139
Guangdong 9030 2330 5074 3758 170 3928 1146
Fujian 9180 2280 5110 3758 170 3928 1182
Average 9113 2283 5083 3758 170 3928 1155